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Japan

Tokyo police mark 150th anniversary of founding

[ad_1] Tokyo's Metropolitan Police Department (MPD) pledged continued efforts to maintain security in the Japanese capital in a ceremony marking the 150th anniversary of its founding on Monday. "We pledge to work together and demonstrate our comprehensive strength to maintain security in the capital city of Tokyo," MPD Superintendent General Hiroshi Kojima said in the ceremony attended by Emperor Naruhito and Empress Masako, along with around 150 MPD officials. Emperor […]

todayJanuary 16, 2024

Japan

China steps up Taiwan isolation after election, peeling off ally Nauru

[ad_1] One of Taiwan’s last diplomatic allies severed relations with the island and switched its alliance to China, after the global chip hub elected a new leader Beijing views as "separatist.”The government of Nauru, a tiny Pacific Island of 13,000 people, announced it will cut "diplomatic relations with Taiwan as of this day,” in a statement posted to its official Facebook page on Monday. It also vowed to stop developing […]

todayJanuary 16, 2024

Japan

Nikkei hits 34-year peak above 36,000 as shippers rally

[ad_1] The 225-issue Nikkei average crossed the 36,000 mark for the first time in 34 years on Monday, powered by shippers and financials, with a retreat in U.S. bond yields and a stabilization in the yen exchange rate buoying sentiment.The Nikkei finished the day nearly 1% higher at 35,901.73, after touching the highest since February 1990 at 36,008.23.Value shares outperformed after lagging growth stocks last week when the Nikkei index […]

todayJanuary 16, 2024

Japan

Japan tightens land use rules near six U.S. military facilities

[ad_1] With national security in mind, the government on Monday added six U.S. military and other key facilities to its list of locations where the acquisition and use of land in nearby areas is subject to tighter regulations. For the first time, U.S. military bases have been added to the list of sites, which now totals 399 under the land use regulation law enacted in 2021. The six sites, including […]

todayJanuary 16, 2024

Japan

COVID and Japan, four years later: Normality, but words of caution

[ad_1] On Jan. 15, 2020, a male resident of Kanagawa Prefecture in his 30s who had returned from a trip to the city of Wuhan, China, was found to be infected with the coronavirus, becoming the first confirmed case of COVID-19 in Japan.This marked the beginning of Japan’s four-year battle with the viral disease, which had killed over 95,000 people in the country as of last summer and is confirmed […]

todayJanuary 16, 2024

Japan

Is it time for a coffee cartel?

[ad_1] SEOUL – Coffee prices have soared in recent years, owing to unfavorable weather conditions and supply shortages in major producing countries like Brazil, India and Vietnam. But even if consumers are paying more for their daily cup, coffee farmers are seeing little of the gain because they lack sufficient bargaining power.Since the 1950s, coffee has been among the world’s most-traded commodities — at one point, it ranked second behind […]

todayJanuary 16, 2024

Japan

Philippines to develop islands in South China Sea, military chief says

[ad_1] Manila – The Philippines will develop islands in the South China Sea that it considers part of its territory to make them more habitable for troops, Manila's military chief Romeo Brawner told reporters Monday. The plans come amid heightened tensions between the Philippines and China, both of whom claim territory in the South China Sea and have traded accusations of aggressive behavior in the strategic waterway. Apart from the […]

todayJanuary 16, 2024

Japan

Japan and Australia in talks on cooperation in military contingencies

[ad_1] Japan and Australia are discussing potential military cooperation in case of simultaneous contingencies in their nearby regions, government sources said Monday, apparently with China's growing maritime assertiveness in mind.Through the discussion and the development of examples of collaboration between the Japan Self-Defense Forces and the Australian military, Tokyo envisions establishing bilateral defense cooperation guidelines with Canberra to clarify their role-sharing, the sources added.Increasing the sophistication and frequency of joint […]

todayJanuary 16, 2024

Japan

Business failures in Japan hit eight-year high in 2023

[ad_1] The number of corporate bankruptcies in Japan in 2023 hit an eight-year high, a survey by Tokyo Shoko Research showed Monday. Business failures rose in all 10 surveyed sectors for the first time in 31 years, due to rising prices, deepening labor shortages and the full-fledged start of repayments of relief loans extended to help companies weather the COVID-19 crisis. Corporate bankruptcies with liabilities of at least ¥10 million […]

todayJanuary 15, 2024

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